TopgOptions

JPM JPMorgan Chase Options Ahead of Earnings

Long
TopgOptions Updated   
NYSE:JPM   JP Morgan Chase
If you haven`t sold JPM here:
or bought it here:

Then analyzing the options chain of JPM JPMorgan Chase prior to the earnings report this week,
I would consider purchasing the 145usd strike price Calls with
an expiration date of 2023-7-21,
for a premium of approximately $4.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.


Trade closed: target reached:
JPM reached $152.89 after the earnings, and the calls went up from $4.15 to over $8 at the peak, for a decent 90% - 100% gain intraday.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.